The operations industry has been focused on shorter settlement cycles in the U.S. for the past two to three years while Europe has made the transition from trading data plus three business days (T+3) to two business days (T+2). At the same time, Asia-Pacific has also been grappling with the push for shorter settlement. Still,… Read More >>
IVP’s Cloud to Support Treasury 3.5
Indus Valley Partners (IVP), a solutions vendor for alternative asset managers, has released IVP Treasury 3.5 via the cloud, officials say. IVP Treasury allows managers to track, control and optimize their financing needs across counterparties, including prime brokers and custodian banks. IVP’s solution targets hedge funds that want a better understanding of how to work… Read More >>
Ultimus Fund Solutions Adds Recs Support
Mutual fund service provider Ultimus Fund Solutions reports that it has added SunGard’s InvestOne reconciliation solution to its current usage of the Asset Arena InvestOne investment accounting platform. The addition will “help enhance middle- and back-office reconciliation support for clients,” Ultimus says in a statement that also notes that it has worked with SunGard for… Read More >>
CFTC Launches Fraud Awareness Campaign
April is Financial Literacy Month, and for its part the CFTC is urging Americans to look into the background of their financial professionals, officials say. By highlighting the regulator’s SmartCheck.gov tool with an awareness campaign dubbed (SmartCheck Week), the CFTC aims to increase awareness of both the tool itself and the importance of due diligence… Read More >>
Q&A with UBS: ‘Things are moving beyond Excel’
Mike Dickey, director, product deployment, UBS Fund Services, spoke to FTF News about UBS Fund Services’ recent news that it has deployed SunGard’s Investran Insight. The installation will yield a portal that integrates the client web portal, dubbed the UBS Fund Services Online. In addition, UBS clients and their limited partners will have access to… Read More >>
Eckelmann Rejoins SS&C Technologies
SS&C Technologies Holdings, Inc., a provider of financial services software and software-enabled services, reports that Samuel D. Eckelmann has rejoined the Windsor, Conn.-based company, where he was previously managing director, as vice president, strategic software development. The software architect and consultant is a 30-plus-years veteran, and has “performed numerous engagements for the world’s top financial… Read More >>
Compliance Science Names David Eisner to Board
Compliance Science, a provider of governance, risk management and compliance solutions, has appointed David Eisner to its board of directors, officials say. Eisner is a financial services industry veteran, who, at separate times in his career, founded and was CEO of TheMarkets.com and of iExchange.com, according to a vendor statement. “Previously, he held the positon… Read More >>
Fiserv Adds Two to Financial Crime Team
Fiserv reports that it has added financial-crime risk management analytics and technology specialists Timothy J. Grace and Manuel Da Silva to its ranks. Grace becomes senior vice president and general manager, risk and compliance solutions, and Da Silva becomes global product line manager, financial crime risk management solutions, according to a Fiserv statement. The vendor… Read More >>
SIX Financial Hires Industry Vet Phil Lynch
Industry veteran Phil Lynch is the new global head of markets, products and strategy, at SIX Financial Information, confirm officials at the market data and services provider, based in Zurich, Switzerland. “Mr. Lynch is part of SIX. He actually started working for SIX Financial Information yesterday, April 1,” says a company spokesperson in an email… Read More >>
ISDA Pushes for Centralized Trading Rules
The International Swaps and Derivatives Association (ISDA) has published a “set of principles aimed at promoting regulatory consistency in the development and application of centralized trading rules for derivatives,” according to a company statement, the latest step in the industry group’s efforts to get regulators and firms on the same page when it comes to… Read More >>
